Tax Reform: Individual mandate for health insurance coverage

Individual health care mandate

According to the TCJA, the individual mandate penalty in the  Affordable Care Act has been set to zero starting in 2019, but it remains in place for 2018.

If you don’t have qualified health insurance for yourself or your dependent in 2018, you’ll pay a penalty. There are certain exceptions to the penalty if you meet requirements related to income and health insurance access.

If you have any questions, visit with one of our Tax experts.

TAX REFORM

Published: 9-13-18